Guideline Value for PERUMAL NAGAR

Perumal Nagar guideline value

The current guideline value of Perumal Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024. This street is located in Kunrathour-B village under the Kunrathur SRO, and it falls under the Residential Class I Type - I land classification.

How the guideline value of Perumal Nagar has changed

As per the guideline value register, there are no figures for Perumal Nagar in the years 2002, 2003, 2007, 2012, 2017, and 2023. The most recent revision is from 2024, which sets the guideline value at Rs 1,210 per sq.ft.

Since the register has no figures for the previous years, the only available value is from the 2024 revision. There have been no changes in the guideline value between the revisions for this street.

Guideline values in Kunrathour-B

In Kunrathour-B, there are 325 streets under the Kunrathur SRO that carry a 2024 guideline value ranging from Rs 660 to Rs 5,130 per sq.ft. The median guideline value for these streets is Rs 1,540 per sq.ft, placing Perumal Nagar's 2024 figure below that median.

• Perumal Koil St.: Rs 1,210 per sq.ft (2024)
• Pillaiyar Koil Street: Rs 1,210 per sq.ft (2024)
• P.J.N. Nagar: Rs 1,540 per sq.ft (2024)
• Police Quarters: Rs 1,210 per sq.ft (2024)
• Ponnusamy Nagar: Rs 1,760 per sq.ft (2024)
• Porur to Kundrathur Vijayam Co-op Mega Nagar: Rs 1,210 per sq.ft (2024)

Stamp duty and registration fee for property in Perumal Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 1,210 per sq.ft, the total guideline value amounts to Rs 12,10,000. The stamp duty at 7% would be Rs 84,700, and the registration fee at 2% would be Rs 24,200, leading to a total of Rs 1,08,900. Duty is charged on the guideline value or the sale price, whichever is higher. You can also use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Perumal Nagar?

The Sub Registrar Office that covers Perumal Nagar is the Kunrathur Sub Registrar Office, located at No.59, Road Street, Kundrathur, Chennai -600 069. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Kunrathour-B

The guideline value is a crucial factor in the registration process when buying or selling property in Kunrathour-B. It serves as a benchmark for determining the stamp duty and registration fees applicable to the transaction.

When a property is sold, the buyer must pay stamp duty based on the guideline value or the sale price, whichever is higher. This ensures that the government receives the appropriate revenue from property transactions in the area.

Frequently asked questions

What is the current guideline value of Perumal Nagar?

The current guideline value of Perumal Nagar is Rs 1,210 per sq.ft, effective from 1 July 2024.

Have there been any changes in the guideline value for Perumal Nagar?

There have been no changes in the guideline value for Perumal Nagar between the revisions, as the register has no figures for the previous years.

What is the land classification for Perumal Nagar?

Perumal Nagar falls under the Residential Class I Type - I land classification.

How does Perumal Nagar's guideline value compare to other streets in Kunrathour-B?

Perumal Nagar's 2024 guideline value of Rs 1,210 per sq.ft is below the median value of Rs 1,540 per sq.ft for other streets in Kunrathour-B.

Where can I find the Sub Registrar Office for Perumal Nagar?

The Sub Registrar Office for Perumal Nagar is located at No.59, Road Street, Kundrathur, Chennai -600 069. This office handles the registration of properties in the area.